PBCFT
Prevention of Money Laundering and Financing of Terrorist Activities is the legal framework established, through the general guidelines indicated by European regulations, for the adoption of preventive measures in the area of money laundering and financing of terrorist activities.
PGOU-PDU
The General Urban Management Plan is a general planning instrument defined in Spanish urban planning regulations as a basic instrument for the comprehensive management of the territory of one or more municipalities, through which the land is classified, the regime applicable to each class of land is determined, and the fundamental elements of the equipment system of the municipality in question are defined.
Semi-detached
Property attached to another, on one side.
Show apartment
Housing completely finished and furnished even before the real estate development is finished.
Plan of a building
Representation of the floor plan of a building and its surroundings, as well as representations and diagrams of industrial designs.
Municipal capital gains
Tax on the Increase in Value of Urban Land (IIVTNU). The municipalities are in charge of managing this tax and each one establishes its own rates.
Podcast
A radio or television broadcast that a user can download from the Internet through a previous subscription and listen to it either on a computer or on a portable player.
Promoter
In the Spanish Building Law, the developer is one of the building agents contemplated. This can be any natural or legal person who decides, promotes, schedules and finances a building project.
Horizontal property
Legal entity that refers to the set of rules that regulate the division and organization of various properties, as a result of the segregation of a building or common land.
Real estate property
Property is the right to enjoy and dispose of a thing without any limitations other than those established by law.
Proptech
A transaction in which an amount of money is assigned and in exchange the person who receives it is obliged to return it within a certain period of time and to pay the agreed commissions, expenses and interest.
Basic project
Initial phase of any project to be built. It sets out the fundamental aspects of the general characteristics of the work: functional, formal, constructive and economic.
Execution projection
Phase of the work in which the architectural project is developed and defined in its entirety and in detail, with sufficient information to make its construction feasible, its execution, defining all materials, construction systems, installations, equipment, etc.
Loan
A transaction in which an amount of money is assigned and in exchange the person who receives it is obliged to return it within a certain period of time and to pay the agreed commissions, expenses and interest.
Real estate swap
A transaction in which real estate is exchanged without the need for money as the primary medium.
Expert appraiser
Professional authorized to appraise real estate for legal, tax or commercial purposes.
Pavement
Floor covering in interior or exterior spaces, with aesthetic and functional function.
Specifications
Technical document containing the specifications of a work, materials, standards and requirements.
Minimum buildable plot
Minimum area that a plot of land must have in order to be able to build legally.
Feasibility plan
Economic study that analyzes the profitability of a real estate development.
Light point
Electrical installation that allows the placement of luminaires in a house or building.
Delivery time
Estimated time for the completion and delivery of a home or real estate project.
Suscríbete al blog
